More on AOL/TimeWarner and Bertelsmann Insider Trading Scandal
More on AOL/TimeWarner and Bertelsmann Insider Trading Scandal
February 05, 2003
FBI Continues to Probe AOL Deals
Story is here:
(http://story.news.yahoo.com/news?tmpl=story&u=/nm/20030205/wr_nm/media_purchasepro_aol_report_dc_3)
Here's what I believe will happen...
AOL will be found guilty of falsely inflating ad sales.
Shareholders will sue AOL/TimeWarner for damages.
Bertelsmann will then be investigated for insider trading, because they sold nearly all their AOL/TimeWarner stock at a high, and just before the news of the advertising scandals broke.
I broke this as an Aimee Deep Exclusive as long ago as October, 2002, MusicPundit: AOL TimeWarner Bertelsmann Insider Stock Trade.
You heard it here first. Still developing ...
